2t/up Will,yes it will be interesting and I am watching what the ANZ does.Will it be the Chinese or the Canadians who get these assets.?
brisbanetimes.com.au
Gunns creditors meeting underway
DateOctober 10, 2012 - 10:27AMRead later
David Beniuk
AAP
A meeting of failed timber company Gunns' creditors is underway in Launceston.
About 120 people have turned up for the first creditors meeting organised by administrators PPB Advisory at a boat club opposite the company's headquarters.
Recently sacked chief executive Greg L'Estrange and company secretary Wayne Chapman are among those attending Wednesday's meeting.
The meeting is likely to decide whether a committee will be formed to represent creditors in dealings with the administrator.
Gunns entered voluntary administration and receivership last month after a six-month trading halt and massive losses.
A lone protester, Michael Hirst from the pro-forestry group Give It Back, said he was likely to lose a significant sum of money as a leasehold timber grower for Gunns.
"There's going to be some angry people in there and rightly so," he told AAP
the untold story, page-6
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)